Young developers have a chance to compete for a chance to win up to Sh5 million ($50,000), at a regional event.
The initiative offers start-ups across five continents and 40 countries the opportunity to solve the commerce challenges of the future.
Visa is set to open up a “Visa Everywhere Initiative” for sub-Saharan Africa to young developers at the Nairobi Tech Week taking place from Thursday to Saturday.
Developers who win the competition during the three-day event will gain entry into the Visa Everywhere Initiative where they will have a chance to compete for a chance to win up to Sh5 million ($50,000), at a regional event.
The initiative offers start-ups across five continents and 40 countries the opportunity to solve the commerce challenges of the future.
Visa is an American multinational financial services corporation, which facilitates electronic funds transfers in more than 200 countries and territories, most commonly through Visa-branded credit cards, gift cards and debit cards.
Visa general manager for East Africa Sunny Walia on Wednesday said opening up the global programme to developers at Nairobi Tech Week is an opportunity to enable the growth and development of technology in Kenya.
“Visa is committed to supporting innovation and aspiring developers in the country. Introducing the Visa Everywhere initiative at Nairobi Tech Week will therefore go along way in enabling them merge their creative ideas with their technical skills to build something capable of solving potential challenges,” said Mr Walia.
In its third edition, the Nairobi Tech Week is Kenya’s largest event for product makers. It is aimed at bringing various actors and influencers of the tech ecosystem in one space to showcase premier developments in innovation and technology.
The sub-Saharan edition of the Visa Everywhere Initiative was launched last month and tasks start-ups to develop solutions to possible business challenges, while enhancing their own product proposals.
This is in addition to offering solutions for Visa’s vast system of partners.
Winners will also get mentorship and expert support from Visa and access to Visa programmes and services.
PAYE Tax Calculator
Note: The results are not exact but very close to the actual.
